Team Hope in Motion Inc

Analysis

Team Hope in Motion Inc is a registered charity in United States, based in Indianapolis, IN. It received its IRS tax-exemption ruling in March 2001, 25 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Team Hope in Motion Inc reported income of $255k and spending of $186k, leaving 27% of income unspent that year. Across the 4 years on record, from December 2019 to December 2023, income grew from $31k to $255k (+714%), an average of +101% a year. The sharpest change came in the year to December 2021, when income rose by 297%. Over the whole period it spent 86% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Team Hope in Motion Inc sits at the 45th percentile: it is larger than about 44% of them. Against every charity in United States with reported income it ranks in the 59th percentile, and in the 58th percentile within IN. Charities of a similar size with the same main cause include Pennsylvania Association of Treatment Court Professionals ($255k), Hope Inc ($255k) and Boise Services Group Inc ($255k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $30k (16% of expenses). At year end it held assets of $293k against liabilities of $0, net assets of $293k.